The level at which students begin to pay back their loans will be lowered from £27,295 to £25,000 for new borrowers. From September 2023, the interest rate on student loans will also be set to RPI+0%. Additionally, the length of time that students have to pay their loans back until they can be written off has been extended from 30 to 40 years. University tuition fees have bee ...

A new website has been published by Trustee Recruitment Cycle that provides guidance, tools and tips to help charities recruit trustees and improve diversity. Developed by Reach Volunteering, a charity that aims to match organisations with potential volunteers and trustees and in collaboration with the Association of Chairs, Small Charities Coalition and Getting on Board, it ai ...

First issued in 2012, CCEW’s compliance toolkit on charities and terrorism has been updated to keep track with UK counter-terrorism legislative developments that have been made since then. The toolkit provides charities with advice on how that legislation is likely to affect charities and the work they perform, and helps trustees to properly discharge their duties through prov ...

A report published by the UK Parliament’s International Development Committee on progress on tackling the sexual exploitation and abuse of aid beneficiaries, coupled with the CCEW’s own findings, have demonstrated that further work is still required to deliver transformative change. In response the CCEW has alerted international aid charities of what steps they can take to achi ...

The Chancellor must act at the Spring Statement or risk the UK economy drifting backwards to low growth, warns the Confederation of British Industry (CBI). The Spring Statement will take place on 23 March 2022. The CBI has set out a range of policies it says are aimed at sparking growth via business investment. These include a permanent investment incentive to replace the sup ...

CCEW has updated its guidance on faith charities in order to make it easier to find information, including retitling its guidance to ‘managing faith charities as trustees’. The guidance covers a range of issues where the nature of faith charities necessitates additional, specific guidance beyond that provided in the CCEW’s more general guidance for charities. These include iss ...

Several areas of the Fundraising Regulator’s guidance for charities have been updated in recent months that charities should be aware of. The Fundraising Regulator regulates all fundraising in England, Wales and Northern Ireland carried out by charitable institutions. In July guidance was issued in conjunction with the Chartered Institute of Fundraising on supporting safe and ...

The Confederation of British Industry (CBI) has warned the government that the planned rise in national insurance will squeeze budgets and affect economic growth. The rise will see employers, employees and the self-employed pay 1.25p more in the pound from April 2022. From April 2023, the extra tax will be collected as part of the new Health and Social Care Levy. Prime Minist ...

Consumer group Which? has urged taxpayers to avoid using so-called 'refund firms' to claim tax rebates. Which? stated that people are losing hundreds of pounds by using third-party companies to claim tax rebates rather than going directly to HMRC. Research carried out by the group found that one in five people had been either contacted directly by a tax refund company via ema ...

The government's Help to Grow: Digital scheme – designed to support smaller businesses in adopting digital technologies – is now open for applications. Under the scheme, eligible businesses can now receive discounts of up to £5,000 off the retail price of approved digital accounting and CRM software from leading technology suppliers. Businesses can also access practical, spec ...